Mortgage originations at EverBank Financial Corp. tumbled during the final-three months of last year and are likely down further in the current quarter.

The Jacksonville, Florida-based organization disclosed in its fourth-quarter 2016 earnings report that income came to $90 million before income taxes.

Earnings ascended from the previous period, when income was $59 million. It was also better than a year previous, when income was $70 million.

Source: Mortgage Daily